Weekly i-Forex Report by www.epicresearch.co22nd July 2013
I-FOREX WEEKLY TECHNICAL LEVELS
EUR/USD DAILY CANDLESTICK CHART
TRADING STRATEGY: EUR/USD trading at resistance level @1.3151. If EUR/USD maintain below this level then market touch the first support level @ 1.2996 and down this level continue then touch the second support level @ 1.2752. Sell EUR/USD below 1.3150 TGTS 1.2996/1.2752 SL 1.3250.
GBP/USD DAILY CANDLESTICK CHART
TRADING STRATEGY: GBP/USD maintain strong resistance level @1.5248. If GBP/USD sustain below this level then fall will continue and then touch the level @1.5069 and @1.4862 respectively . Sell GBP/USD below 1.5248 TGT 1.5069/1.4862 SL 1.5348.
USD/JPY DAILY CANDLESTICK CHART
TRADING STRATEGY: USD/JPY trading between the range of @100.92 and @99.59. If USD/JPY break support level then touch the level @98.24 and @96.95 respectively . SELL USD/JPY below 99.45 TGT 98.22/96.95 SL 101.45.
EUR/GBP DAILY CANDLESTICK CHART
TRADING STRATEGY: EUR/GBP trading a rising channel in daily chart. If EUR/GBP continue this channel then maintain sl of trading channel and trade both side upper and lower channel . SUPPORT: 0.8605, RESISTANCE : 0.8754.
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